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For a sample of 8 employees, a personnel director has collected the following data on ownership of company stock versus years with the firm.

X = years

Y = shares

6

300

12

408

14

560

6

252

9

288

13

650

15

630

9

522

a. Determine the least-squares regression line and interpret its slope.

b. For an employee who has been with the firm 10 years, what is the predicted number of shares of stock owned?

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